July 10, 2008

FORECLOSED: Don't Put Me Out



With the economy in shambles it hard to find any relief but even harder when you can no longer afford the home you've worked so hard to buy. And on the daily Americans are finding that the place they normally call home, well it ain't home anymore... well theirs at least. In Prince George's County, Md African Americans are accusing some lending companies of bad lending practices. The NAACP has compiled evidence which proves that when credit, income and other qualifications were equal, many African Americans received less favorable loan terms than similar-situated borrowers. The Prince George's County branch of the NAACP is urging homeowners who think they have been victims of mortgage discrimination to contact the organization to become part of a federal lawsuit against lenders and banks.


Anyone who might have been victimized should contact the branch office at 301-883-4941 or the national general counsel at 410-580-5777

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